Drag or Tag Event

Example Definitions of "Drag or Tag Event"
Drag or Tag Event. Means any transaction or event that, in accordance with the terms and provisions of this Agreement, (i) gives the Investors the right to participate in any Transfer of Common Stock pursuant to Section 2 hereof (and the Investor(s) validly elects to exercise such right in accordance with Section 2.2 or Section 3.1 hereof, as applicable) or (ii) requires the Investors to Transfer their shares of Common Stock pursuant to Section 4 hereof, provided, however, that in the event a Drag or Tag Event... referred to in clause (i) above relates to a Transfer of less than all of the Warrant Stock represented by the Warrant, the term "Drag or Tag Event" shall be deemed for all purposes of this Agreement to apply only to the portion of Warrant and Warrant Stock subject to such Transfer. View More Arrow
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